06 June 2018

In 2018, worldwide demand for industrial fasteners is forecast to amount to US$93.8 billion

In 2018, worldwide demand for industrial fasteners is forecast to amount to US$93.8 billion. The revenue in Asia Pacific will register US$40.75 billion, US$18.85 billion in Europe, US$20.05 billion in North America and US$14.15 billion in other regions, respectively. The outlook of fastener market prospects remains optimistic, mainly driven by the demand from automotive, construction, machinery, household appliances, aeronautics and space sectors; as well as by economic and industrial policies in emerging economies.Back